The Magnetto Group Sustainability Profile
The Magnetto Group, a leading player in the IT industry, is headquartered in the heart of London, with significant operations across Europe and North America. Founded in 2010, the company has rapidly established itself as a trusted provider of innovative technology solutions, specialising in software development, IT consulting, and digital transformation services. With a commitment to excellence, The Magnetto Group offers unique products that leverage cutting-edge technologies, ensuring clients stay ahead in a competitive landscape. Notable achievements include recognition for outstanding customer service and a growing portfolio of successful projects across various sectors. As a forward-thinking organisation, The Magnetto Group continues to shape the future of IT, delivering tailored solutions that drive business success.
DitchCarbon Score
How does The Magnetto Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
The Magnetto Group's score of 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Magnetto Group's reported carbon emissions
In 2021, The Magnetto Group reported total carbon emissions of approximately 37,433,000 kg CO2e, which includes 36,379,000 kg CO2e from Scope 1 and 1,054,000 kg CO2e from Scope 2 emissions. There is no reported data for Scope 3 emissions. The company has not established specific reduction targets or initiatives, nor does it have any commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is not cascaded from any parent organization, indicating that these figures are solely attributed to The Magnetto Group. The company is actively working towards understanding and managing its carbon footprint, although specific reduction strategies have yet to be disclosed.
How Carbon Intensive is The Magnetto Group's Industry?
How Carbon Intensive is The Magnetto Group's Location?
The Magnetto Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
The Magnetto Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
